Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.86% | +0.21 | 0.65% |
| Return on Equity (%) | ▲ | 12.79% | +2.97 | 9.82% |
| Net Interest Margin (%) | ▲ | 3.06% | +0.12 | 2.93% |
| Efficiency Ratio (%) | ▲ | 63.06% | -5.51 | 68.57% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.18 | $0 |
| Cost of Funds (%) | ▼ | 2.11% | +0.03 | 2.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $222 | +26.67 | $196 |
| Gross Loans ($M) | ▲ | $174 | +22.37 | $151 |
| Loan Growth YoY (%) | ▲ | 83.87% | +0.77 | 83.10% |
| Total Deposits ($M) | ▲ | $206 | +24.83 | $181 |
| Shareholders Equity ($M) | ▲ | $15 | +2.11 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +2.11 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 83.87% | +0.77 | 83.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.36% | -0.15 | 0.51% |
| Allowance / Loans (%) | — | 0.84% | -0.03% | 0.87% |
| Net Charge-Off Ratio (%) | ▲ | 0.46% | -0.19 | 0.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.28% | -1.31 | 14.59% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▁▁▂▃▃ | Net Interest Margin (%) | 3.28% | 3.28% | 3.23% | 2.93% | 2.97% | 3.00% | 3.03% | 3.06% |
| ▁▄▅▃▂▃▁█ | Return on Assets (%) | 0.55% | 0.68% | 0.72% | 0.65% | 0.62% | 0.64% | 0.57% | 0.86% |
| █▆▆▄▅▄▆▁ | Efficiency Ratio (%) | 75.7% | 71.7% | 71.5% | 68.6% | 70.4% | 68.6% | 72.1% | 63.1% |
| ▁▁▄▅▇██▅ | Cost of Funds (%) | 1.83% | 1.89% | 2.04% | 2.08% | 2.21% | 2.29% | 2.26% | 2.11% |
| █▇▆▇▁▂▅▁ | NPA / Assets (%) | 0.55% | 0.51% | 0.49% | 0.51% | 0.37% | 0.40% | 0.46% | 0.36% |
| █▇▆█▁▃▆▁ | Net Charge-Off Ratio (%) | 0.67% | 0.63% | 0.61% | 0.66% | 0.49% | 0.53% | 0.60% | 0.46% |
| ▁▃▁▂▃▅▇█ | Tang. Book Value ($M) | $12 | $13 | $12 | $13 | $13 | $14 | $14 | $15 |
| ▁▂▃▄▅▆▇█ | Gross Loans ($M) | $137 | $143 | $146 | $151 | $156 | $162 | $166 | $174 |
| ▁▂▃▅▆▇██ | Total Deposits ($M) | $152 | $160 | $168 | $181 | $190 | $197 | $200 | $206 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 15% |